114 Newfound Harbor RdBig Pine KeyFL33043
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Big Pine Key at 114 Newfound Harbor Rd, Big Pine Key, FL, 33043 priced at $560,000 pairs $4,867/mo rent with $1,151/mo cash flow after a $2,741/mo payment. Total monthly income equals $4,867/mo, and annual cash flow comes to $13,808/yr on $184,240 invested. Return on cash invested is 27.55% in year one, and rental yield stands at 10.43% on a $560,000 basis. Equity gained on principal adds $3,614/yr, and 5% annual appreciation accumulates to $154,718 by year five. Five-year ROI measures 144.4% and total cumulative return in cash reaches $266,045. For financing, Ziffy Mortgage’s DSCR program evaluates $4,867/mo property income against a $2,741/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1987
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33043, Big Pine Key, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,297 (100%) |
| Owner Occupied HU | 1,804 (54.7%) |
| Renter Occupied HU | 453 (13.7%) |
| Vacant Housing Units | 1,040 (31.5%) |
| Median Home Value | $634,941 |
| Average Home Value | $713,442 |
Housing Distribution
Address Breakdown
Residential
2,787
Single Family
2,735
Multi-Family
52
Businesses
301
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Listed by: Jennifer Hamill • Coldwell Banker Schmitt Real Estate Co.
Mls Name: FLKMLS
Mls ID: #617126